Petar Ilievski

Intense Monday Coming for Rtg Ventures Inc.(PINK:RTGV)

by Petar Ilievski August 15, 2011

  • $104k in cash;
  • $186k in total current assets;
  • $1.8 million in total current liabilities;
  • $9.5 million in accumulated deficit;
  • $249k in sales;
  • $1.3 million in net profit;

One thing of interest - the last 3 months in question have a net loss, being a positive number (net profit). The nine months with an end-date May 31, 2011, however according to the same 10-Q, indicate a net loss of $2.1 million. There is the net loss of $748k for the six months with an end-date Feb. 28, 2011. So, it all comes down to the following:

  • $783k in net loss for Aug. 2010-Feb. 2011;
  • $2.1 million in net loss for Aug. 2010-May 2011;
  • $1.3 million in net profit for Feb. 2011-May 2011;
It might be possible, of course, that it is some missing brackets that create a confusion. Interesting data, nonetheless, which makes the stock performance today such of even higher interest, given the general uncertainty that comes along.

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